Weak Demand Pushes US LLDPE Prices Down 3.46%, While July Outlook Turns Bullish

Weak Demand Pushes US LLDPE Prices Down 3.46%, While July Outlook Turns Bullish

Lewis Carroll 02-Jul-2026

USA LLDPE prices declined 3.46% in late June 2026 as weaker ethylene costs, comfortable supply conditions, and subdued export demand pressured the market. Stable cracker operating rates, elevated inventories, and declining Chinese LLDPE futures further reinforced bearish sentiment. Buyers limited procurement to immediate needs, while negotiations remained slow due to differing price expectations. Looking ahead, LLDPE prices are expected to recover during July as ethylene costs increase, restoring cost support for producers. Improving export demand and stronger buyer participation are anticipated to narrow pricing gaps and gradually strengthen the USA LLDPE market.

Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility. Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
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